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Rupee's Carnage Continues; Falls To New All-Time Low Of 79.36 Per Dollar

The rupee once again tumbled by 41 paise to close at a fresh record low of 79.36 (provisional) against the US dollar on July 5 amid a strong greenback overseas and unrelenting foreign fund outflows. When it comes to the interbank forex market, the local unit started at 79.04 against the greenback...